@bedger and @@truss20 agree with your assertion of the potential value here. I am thinking that people maybe hesitant to jump in now with a cap raise before or at the time of GVHD readout likely (in my view) to maintain at least 6 months of cash runway.
Having said that, the exercising of options if the price goes above 30c by 1st April could generate $5m in cash for the company which will extend the cash runway so that a cap raise becomes less likely by end of this year. I am not holding my breadth but will be ready to place a sizable order in this scenario.
I was lucky to obtain 250K shares at just below 19cents which I am retaining predominately in case of a partnership/acquisition event. Hoping for a different result to my incurred loses on this share a few years back with the anticipated $2 buy-out did not go ahead.
The recent rise of MSB and OCC have been remarkable and I continue to add on weakness in both shares with a strong conviction towards the becoming stem-cell industry, and Australian leadership in this space.
Good luck everyone.
VFM
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cynata therapeutics limited
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CYP Price Target post MSB FDA approval., page-260
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Last
16.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $36.15M |
Open | High | Low | Value | Volume |
16.0¢ | 16.0¢ | 16.0¢ | $1.021K | 6.379K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 77738 | 16.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.5¢ | 3400 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 77738 | 0.160 |
4 | 148709 | 0.155 |
4 | 86673 | 0.150 |
2 | 45000 | 0.140 |
1 | 10937 | 0.130 |
Price($) | Vol. | No. |
---|---|---|
0.165 | 3400 | 1 |
0.170 | 70000 | 2 |
0.175 | 77450 | 2 |
0.180 | 146968 | 5 |
0.185 | 35990 | 1 |
Last trade - 09.59am 24/06/2025 (20 minute delay) ? |
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CYP (ASX) Chart |